UPDATES

April 3, 2017
VENTURE-CAPITAL-COMPANY-IN-INDONESIA

VENTURE CAPITAL COMPANY IN INDONESIA

The Indonesian Government has been very outspoken on the development of Micro, Small, and Medium Enterprises (“MSMEs”) especially concerning how to provide incentives and facilities for […]
March 28, 2017
LEGAL-COMPLETION-OF-OWNERSHIP-TRANSFER-OF-SHARES

LEGAL COMPLETION OF OWNERSHIP TRANSFER OF SHARES

When transferring ownership of shares issued by a Limited Liability Company (PT), the transaction does not stop when the Sales and Purchase Agreement is signed. Learn […]
March 27, 2017
CORPORATE-CRIMINAL-LIABILITY-IN-INDONESIA

CORPORATE CRIMINAL LIABILITY IN INDONESIA

Even though corporations are classified as legal subjects in Indonesia, and can be held liable for criminal offenses in several prevailing laws in Indonesia, it is […]
March 23, 2017
COMPANY-OBLIGATION-TO-STRUCTURE-AND-SCALE-EMPLOYEE-WAGES

COMPANY OBLIGATION TO STRUCTURE AND SCALE EMPLOYEE WAGES

All entrepreneurs, including Companies, which employ Employees in Indonesia have the obligation to structure and scale employee wages pursuant to the prevailing wage structure and scale […]